IRS Coronavirus Tax Relief: Tax Filing, Tax Payment Deadline, and Other Changes
The IRS changed many tax filing and tax payment deadlines in response to the coronavirus outbreak. The IRS launched the People First Initiative. As a result, Individual and business taxpayers have additional time to take the following actions:
- File their 2019 tax returns
- Pay tax due on 2019 tax returns
- Make […]
IRS Announces Plans to Visit Taxpayers With Unfiled Tax Returns
The Internal Revenue Service (IRS) may be heading to your house. Recently, the agency announced plans to make in-person visits to high-income taxpayers who have not filed tax returns in 2018 or previous years. Are you worried about a […]
Tax Gap Holds Steady — IRS Will Continue to Pursue Taxpayers With Unpaid Taxes
In September 2019, the Internal Revenue Service (IRS) released tax gap estimates for tax years 2011 through 2013. The numbers indicate that the gap has stayed the same as the previous tax years. However, the IRS will continue to pursue taxpayers who are not compliant. Here’s what you need to know.
What Is […]
TIGTA Audit Reveals Issues With How IRS Handles Requests for Appeals Hearings
Established in 1998 to provide independent oversight to the Internal Revenue Service (IRS), the Treasury Inspector General for Tax Administration (TIGTA) regularly audits IRS processes. In September 2019, the group completed an audit of various aspects of the IRS appeals hearing process. The TIGTA found several mistakes that are worrisome for taxpayers.
What Is the […]
IRS OIC Acceptance Rate And Tax Levies Rise; Liens and Audits Fall in 2018
The IRS released its 2018 version of the IRS Data Book, which provides a snapshot of all activities conducted by the agency during the previous fiscal year. It covers activities that the IRS conducted between October 1, 2017, and September 30, 2018. It includes tax returns, appeals, exams, audits, levies, liens, and other […]